§ 31-304. Transfer of accumulated contributions
West's Annotated Code of MarylandState Personnel and PensionsEffective: July 1, 2010
Effective: July 1, 2010
MD Code, State Personnel and Pensions, § 31-304
§ 31-304. Transfer of accumulated contributions
If a participating governmental unit withdraws from a State system, the accumulated contributions of the withdrawn employees shall be transferred on the withdrawal date to the administrative board of the local pension system or new State system and credited to the account of those employees.
Credits
Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 1998, c. 494, § 1, eff. Oct. 1, 1998; Acts 2006, c. 258, § 1, eff. July 1, 2006; Acts 2010, c. 580, § 2, eff. July 1, 2010.
Formerly Art. 73B, §§ 10-106, 10-229.
MD Code, State Personnel and Pensions, § 31-304, MD ST PERS & PENS § 31-304
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |